AR118-WEB - Introduction to Cost Segregation

Registration

Please see the "Upcoming Classes" tab for class offerings and registration information.

Webinar Course Description

Cost segregation is a tax strategy that provides taxpayers long term benefits and immediate increases to cash flows through real estate and property analysis. While cost segregation is a tax-specific analysis, appraisers have skills that can be leveraged to provide a value-add to their clients. This webinar is designed as a introduction to cost segregation for appraisers, and is intended to provide a high-level overview of this practice area. We will review the history of cost segregation, recent trends, prospect identification, key components of a quality study, and other topics. We will conclude with a case study to show the application of cost segregation in practice.

Recommended Pre-Reading

https://www.andersentax.com/publications/newsletter/Q1-2018/cost-segregation-benefits-from-the-recent-tax-reform-act

https://www.irs.gov/businesses/cost-segregation-audit-techniques-guide-table-of-contents

Course Audience

MTS, ARM, BV or any appraiser interested in expanding their skillset to a new practice area in which to provide value to existing or prospective clients.

Instructor Information

Matthew Dianich, ASA | Director | Andersen Tax

Matthew Dianich leads the cost segregation practice at Andersen Tax, having over 10 years of experience conducting and managing studies across a wide array of industries. Additionally, Matthew provides valuations of fixed assets, inventory, and machinery and equipment for tax planning and financial reporting purposes, as well as tax consulting services including research and development credits, fixed asset reviews, and repairs and maintenance studies.  Matthew is a Member of the American Society of Cost Segregation Professionals (ASCSP), and is part of the ASCSP's Technical Standards Committee.  Matthew also holds an ASA designation in Machinery & Technical Specialties from the American Society of Appraisers.

Agenda

The following topics are covered in this course:

• History of cost segregation
• Legal history and framework
• IRS requirements
• Key benefits and typical benefactors
• Types of reclassified property, and how to estimate value
• Report format
• Case study
• Open discussion/questions

Learning Outcomes

Upon completion of this course,students will be able to:

• Describe cost segregation scope, application, and methodology;
• Identify opportunities within existing client bases as well as prospects;
• Understand the benefits and how to communicate them; and
• Discuss the tax law framework allowing for cost segregation.